News 6 March 2026

New Fortress Energy Shares Dip Under 60 Cents Ahead of Key Reverse-Split Vote
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New Fortress Energy Shares Dip Under 60 Cents Ahead of Key Reverse-Split Vote

New Fortress Energy Inc. fell to 55.79 cents early Thursday, down 3.8%, with a market value near $159 million after releasing its annual meeting proxy. The company faces possible Nasdaq delisting after months below $1 per share and reported a Q1 net loss of $399.95 million on $226.95 million revenue. Debt stood at $8.29 billion as of March 31, with most classified as current due to defaults. Shareholders will vote June 17 on a 1-for-50 reverse split and restructuring plan.
May 28, 2026
NatWest snaps up nearly 892,000 shares in fresh buyback as capital returns roll on
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NatWest snaps up nearly 892,000 shares in fresh buyback as capital returns roll on

NatWest bought back 891,842 shares on March 5 as part of its ongoing repurchase programme and plans to cancel them, reducing shares in circulation. The bank reported a 24% rise in 2025 pretax profit last month and is expanding into wealth management with the £2.7 billion Evelyn Partners deal. The March 5 buybacks were executed via UBS at average prices around 592–593 pence per share.
March 6, 2026
Lloyds Banking Group plc leads race for Aegon UK business as wealth push accelerates, report says
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Lloyds Banking Group plc leads race for Aegon UK business as wealth push accelerates, report says

Lloyds Banking Group is leading the auction for Aegon’s UK business, valued at £1–1.5 billion, with final bids due next month and an announcement possible in April, Financial News reported. Phoenix and Canada Life remain contenders. Aegon’s UK arm serves about 3.7 million customers and manages £220 billion in assets. No final decisions have been made, and Aegon has not detailed the scope of any sale.
March 6, 2026
IAG Faces Fresh Pressure as British Airways Keeps Middle East Flights Grounded
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IAG Faces Fresh Pressure as British Airways Keeps Middle East Flights Grounded

British Airways remains unable to operate flights from Abu Dhabi, Amman, Bahrain, Doha, Dubai, and Tel Aviv due to restricted airspace, adding extra Muscat-London flights for stranded passengers. IAG shares dropped 3.6% in London Thursday, while Wizz Air and Lufthansa warned of profit hits from the Middle East conflict. Over 25,000 flights in and out of the region were canceled between Feb. 28 and March 5.
March 6, 2026
London Stock Exchange Group Strikes ASX Deal as £3 Billion Buyback Gets Under Way
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London Stock Exchange Group Strikes ASX Deal as £3 Billion Buyback Gets Under Way

London Stock Exchange Group will supply a high-speed trading system to overhaul Australia’s ASX 24 futures and options market, the companies announced Wednesday. The deal follows LSEG’s record £3 billion buyback and comes as investors demand growth beyond cash returns. ASX is under regulatory scrutiny after system outages and delays. LSEG expects its Markets division income to rise 6.5% to 7.5% in 2026.
March 6, 2026
National Grid plc signs near-£3 billion Eastern Green Link 3 contracts in UK power-grid push
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National Grid plc signs near-£3 billion Eastern Green Link 3 contracts in UK power-grid push

National Grid has signed nearly £3 billion in contracts for the Eastern Green Link 3 project, awarding Hitachi Energy the converter stations and NKT the cable system. The 690-km link between Scotland and England aims to carry electricity for about 2 million homes. Construction is planned for 2028, pending approval, with operation targeted for 2033. The English section still requires a development consent order.
March 6, 2026
Barclays PLC’s £495 Million MFS Exposure Puts Private-Credit Risks Back in Focus
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Barclays PLC’s £495 Million MFS Exposure Puts Private-Credit Risks Back in Focus

Barclays PLC is owed about £495 million after the collapse of mortgage lender Market Financial Solutions, down from an earlier estimate of £600 million. Administrators warned of a possible £930 million collateral shortfall, with some assets potentially pledged multiple times. Santander and Jefferies also face exposure. Barclays declined to comment on its current risk.
March 6, 2026
Rolls-Royce CEO pay plan put to shareholders after turnaround, with package topping £18 million
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Rolls-Royce CEO pay plan put to shareholders after turnaround, with package topping £18 million

Rolls-Royce proposed a pay policy that could raise CEO Tufan Erginbilgic’s maximum compensation to £18.5 million in 2026, pending shareholder approval at the April 30 annual meeting. The plan would increase his long-term incentive grant to 750% of salary and annual bonus cap to 300%. If the share price rises 50%, his package could reach £24.4 million. Erginbilgic’s base salary rose 15.6% to £1.58 million in September.
March 6, 2026
Coles Group Ltd Faces Fresh Pricing Scrutiny as Digital Shelf-Label Trial Raises Dynamic Pricing Questions
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Coles Group Ltd Faces Fresh Pricing Scrutiny as Digital Shelf-Label Trial Raises Dynamic Pricing Questions

Coles is under scrutiny after confirming digital shelf labels remain on trial in 11 stores, without ruling out future dynamic pricing. The ACCC says dynamic pricing is legal if shoppers are informed, but new rules from July 1 will ban excessive grocery markups for large supermarkets. Coles recently reported a first-half net profit of A$511 million, down 11.3%. The company is also in Federal Court over alleged misleading discount claims.
March 6, 2026
DroneShield Flags Staff Selling After 1.3 Million New Shares Hit ASX
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DroneShield Flags Staff Selling After 1.3 Million New Shares Hit ASX

DroneShield has issued 1.335 million new shares after staff exercised options, raising its total to 922.2 million ordinary shares. Some employees are expected to sell, with the new shares not subject to lock-up. The move follows last year’s insider selldowns and new board trading rules. The company recently reported 2025 revenue up 276% to A$216.5 million and disclosed six contracts worth A$21.7 million.
March 6, 2026
Ampol Limited Faces Fresh Scrutiny as ACCC Warns on Petrol Pricing, EG Australia Decision Nears
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Ampol Limited Faces Fresh Scrutiny as ACCC Warns on Petrol Pricing, EG Australia Decision Nears

Ampol’s proposed takeover of EG Australia faces continued ACCC scrutiny as fuel prices surge amid Middle East tensions. Brent crude jumped 16.4% for the week, and the ACCC warned it may act if companies mislead consumers. Queensland retailers raised prices sharply, prompting an RACQ referral. The ACCC’s final decision on the merger is due by June 5.
March 6, 2026
ANZ Group Holdings Limited Moves 2026 Half-Year Results Forward, Resets Interim Dividend Dates
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ANZ Group Holdings Limited Moves 2026 Half-Year Results Forward, Resets Interim Dividend Dates

ANZ Group has moved its 2026 half-year results announcement to May 1, ahead of major rivals NAB and Westpac. The bank also reset its interim dividend dates and set August 13 for its third-quarter update. ANZ’s first-quarter cash profit rose to A$1.94 billion, with expenses down 8%. The lender still faces scrutiny over net interest margin management and ongoing regulatory issues.
March 6, 2026
CSL Limited Wins Canada Pandemic Vaccine Contract as Buyback Tops 4 Million Shares
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CSL Limited Wins Canada Pandemic Vaccine Contract as Buyback Tops 4 Million Shares

CSL’s Seqirus unit has secured a Canadian government contract to supply up to 15 million pandemic flu vaccine doses from its Tullamarine plant if a pandemic is declared. The deal follows an 81% drop in CSL’s half-year profit and a leadership change. Financial terms were not disclosed. CSL has spent about A$738.8 million on share buybacks since launching its on-market program.
March 6, 2026
Telstra Group Limited becomes first Australian telco live with anti-fraud APIs as Optus joins, TPG waits
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Telstra Group Limited becomes first Australian telco live with anti-fraud APIs as Optus joins, TPG waits

Telstra has launched GSMA Open Gateway anti-fraud APIs, starting with Number Verification, becoming the first Australian carrier to do so. Optus is collaborating with Telstra on network APIs, while TPG is not yet participating. Telstra reported a 9.4% rise in first-half profit to A$1.12 billion and will pay a 10.5 cent interim dividend on March 27.
March 6, 2026
Northern Star Resources cracks S&P/ASX 20 in March rebalance, replacing Santos
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Northern Star Resources cracks S&P/ASX 20 in March rebalance, replacing Santos

Northern Star Resources will join Australia’s S&P/ASX 20 index on March 23, replacing Santos, after a quarterly rebalance by S&P Dow Jones Indices. The move follows Northern Star’s acquisition of De Grey Mining and a 34% rise in half-year EBITDA to A$1.876 billion. Regis Resources and Westgold Resources will enter the ASX 100. The changes come as gold prices climb and sector stocks gain weight in local benchmarks.
March 6, 2026
BHP Group Ltd Faces Wider China Iron Ore Curbs as Contract Standoff Deepens
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BHP Group Ltd Faces Wider China Iron Ore Curbs as Contract Standoff Deepens

China Mineral Resources Group has expanded restrictions on BHP iron ore cargoes, now including Mac fines, Newman fines, and Newman lumps, amid a contract dispute. Stocks of BHP’s Jimblebar cargoes at Chinese ports hit a record 9.8 million tons by Feb. 26, up 457% since September. Canberra is monitoring the situation as iron ore is Australia’s top export. BHP declined to comment; CMRG did not respond.
March 6, 2026
Why Santos Limited CEO Kevin Gallagher Sold A$5.6 Million in Shares
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Why Santos Limited CEO Kevin Gallagher Sold A$5.6 Million in Shares

Santos CEO Kevin Gallagher sold 830,132 shares for about A$5.6 million on Feb. 27, citing tax obligations and personal financial reorganisation, according to a Friday filing. Gallagher still holds 2.7 million shares indirectly after the sale and a transfer to his family account. The sale follows a 25% profit drop, job cuts, and new production targets for Barossa LNG and Alaska’s Pikka project.
March 6, 2026
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Stock Market Today

  • Diageo Shares Up 12% in a Month Amid Market Challenges
    May 28, 2026, 11:31 AM EDT. Diageo Plc shares climbed nearly 12% in a month, reaching prices last seen 14 years ago. The FTSE 100 drinks giant has faced significant headwinds, including a 20% sales plunge in Latin America and the Caribbean and tariffs impacting exports to the US. Despite a 53% drop over five years, recent sales narrowly beat expectations due to seasonal and event-driven boosts. The US market, accounting for 40% of net sales, remains a concern. Tariff removals on Scotch whisky and signs of stabilization in Africa and Latin America have improved investor sentiment, but full-year guidance remains cautious under new CEO Sir Dave Lewis.